The gross __________ product is a measure of the total output of goods and services by a nation's economy.

Question

Quizplus · Accepted Answer

Gross Domestic Product (GDP) is a measure of the total output of goods and services produced within a country's borders. It is a commonly used indicator of a country's economic health and growth. Option A, corporate product, refers to the total output of goods and services produced by a specific corporation and is not a measure of the entire economy. Options C and D, metropolitan and city product, are not commonly used economic terms and do not accurately measure the total output of goods and services on a national level.

The Gross __________ Product Is a Measure of the Total